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Techmeme
June 12, 2018, 6:05 PM
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Top News

Sara Salinas / CNBC:
Judge rules that AT&T can complete its $85B merger with Time Warner, did not impose conditions on the approval  —  - The Justice Department sued last year to block the merger, citing concerns that AT&T, owner of satellite television provider DirecTV, could charge rival distributors …
Bloomberg:
Apple changed App Store rules last week to ban iOS developers from making databases of users' address book info and limit what can be shared with third parties  —  - iPhone maker bans developers building address book databases  — Facebook scandal shows risk of sharing data on users' friends
Dan Primack / Axios:
Sources: e-scooter company Bird is seeking to raise ~$200M in new funding at a $2B valuation; just three months ago the startup raised at a $300M valuation  —  E-scooter company Bird is seeking to raise around $200 million in new funding at a $2 billion valuation, according to multiple sources.
Emil Protalinski / VentureBeat:
Google disables inline installation for Chrome extensions, which let users install them on 3rd party sites; goes into effect for existing extensions in 3 months  —  Google today announced that Chrome will no longer support inline installation of extensions.
Taylor Hatmaker / TechCrunch:
Instagram adds shopping tags directly into Stories, so now users can tap a shopping bag icon to learn more about buying a particular item  —  Instagram's shoppable tags are about to pop up in Stories.  The company first started testing the feature back in 2016 with a limited set of 20 partners.
Bryan Menegus / Gizmodo:
Seattle's city council votes 7-2 to repeal its “head tax” law, less than a month after unanimously passing the contentious tax on big business  —  Less than a month after unanimously passing a contentious tax on big business, Seattle's city council has voted to repeal the so-called “head tax.”
Brad Sams / Thurrott.com:
Internal document: Microsoft is planning for the next Xbox console release to arrive in 2020  —  While Microsoft may have been founded as being a software company, there is no question about it that they are a hardware company too.  With the Surface family, the Xbox, and peripherals …
Khadeeja Safdar / Wall Street Journal:
Facebook says it's rolling out a feature to let users rate e-commerce businesses and may ban or reduce ads for those with poor feedback  —  New feature lets shoppers share their experiences; negative feedback could lead to bans  —  Facebook Inc. FB 1.29% is cracking down on e-commerce businesses …
Siobhan Hughes / Wall Street Journal:
Bipartisan group of senators move to stop Trump's deal to give ZTE a lifeline amid US export ban, by adding ZTE export ban as amendment to defense spending bill  —  White House sent top official to Capitol Hill to lobby against bipartisan effort to reverse pact to revive the Chinese telecommunications company
Romain Dillet / TechCrunch:
French startup Exotec Solutions raised a $17.7M Series B led by Iris Capital for its automated warehouse robots  —  French startup Exotec Solutions raised a $17.7 million funding round (€15 million) from Iris Capital with existing investors 360 Capital Partners and Breega also participating.
More: Tech.eu and PE Hub Blog
Ben Thompson / Stratechery:
Large funding rounds for Bird and Lime suggest strong economics, which means the potential for building moats for dockless scooter startups are relatively weak  —  As I understand it, the proper way to open an article about electric scooters is to first state one's priors …
Josh Constine / TechCrunch:
Uber unveils Uber Lite, a low-data app just 5MB in size for developing markets that shows maps only on request, coming to India first  —  “The next hundreds of millions of riders for us are going to come from outside of the United States", Uber's head of rider experience Peter Deng tells me.
Richard Nieva / CNET:
Congress releases Facebook's written responses to follow-up questions from Mark Zuckerberg's April testimony; Facebook says it received 2,000+ questions  —  Facebook CEO Mark Zuckerberg answered a lot of questions when he testified before Congress in April.
Natasha Lomas / TechCrunch:
Swedish video-based call-a-doctor service Kry raises $66M Series B led by Index Ventures to finance further expansion in Europe  —  Swedish telehealth startup Kry has closed a $66 million Series B funding round led by Index Ventures, with participation from existing investors Accel, Creandum, and Project A.

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From Mediagazer

Reuters:
The UK says it is leaning towards intervening in Paramount's $110B WBD takeover, citing concerns over media freedom and the provision of on-demand programming

Benjamin Mullin / New York Times:
NPR retracts an article saying Supreme Court Justice Samuel Alito was retiring; he has made no such announcement, and a spokesman called the story “inaccurate”

Charlotte Tobitt / Press Gazette:
Axel Springer closes its £575M acquisition of Telegraph Media Group, ending a three-year saga, and names Carolin Hulshoff Pol as TMG CEO, replacing Anna Jones

More News

Earlier Picks

Jon Russell / TechCrunch:
Coinbase announces plans to add support for Ethereum Classic, a fork of the Ethereum token, in the coming months
Josef Adalian / Vulture:
Inside Netflix's original content efforts as it spends $8B this year: “It's 70 percent gut and 30 percent data”, says Ted Sarandos
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